Sage 50 (Peachtree) Review - why 4.2 stars?

Shlomi Lavi / updated: Jan 23, 2020

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What is Sage 50 (Peachtree)?

Sage 50 is a desktop accounting solution for small businesses that can help users with all the basic accounting needs starting from payroll management to credit card processing. The software can help users to control costs and cash flow and organize their finances efficiently.

Sage UK, the company behind Sage 50, was founded back in 1981 and is popular for providing business solutions for companies of all shapes and sizes and has helped about 800,000 UK customers so far.

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Who is it best for?

Sage 50 is suitable for small businesses like shops, libraries or non-profit organizations with only 1 user support. Users can also add credit card processing and payroll features later as add-on services in this software.

Main features and functionalities

Sage 50 comes with accounts payable, accounts receivable, bank/account reconciliation, cash flow management, customizable reports, system check, document attachment, budget spreadsheet creator, password security, email alerts and job status indicators features. Users can also add credit card payment processing and payroll management features if needed.

What is the actual cost?

The cost of license starts at $299 per year. ITQlick pricing score is 3.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Sage 50 (Peachtree).

Pros

• Sage 50’s comparative budget spreadsheet creator supports tracking 4 years
• Sage 50 supports adding add-ons like credit card processing and payroll processing unlike other similar tools
• The accounting solution supports conversion from QuickBooks unlike other similar accounting tools

Cons

• Sage 50’s payroll processing feature is not included in the software like other similar tools
• Sage 50 doesn’t offer any customer management or vendor management center feature for users
• The accounting solution doesn’t offer any option to view transaction histories or audit trails

How it stacks up?

Access a head to head analysis of Sage 50 (Peachtree) vs alternative software solutions.

Frequently Asked Questions (FAQs)